Section 500.3171 - Assigned claims facility and plan; organization and maintenance; participation; costs; rules. - Michigan Statutes

THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956

500.3171 Assigned claims facility and plan; organization and maintenance; participation; costs; rules.

Sec. 3171.

The secretary of state shall organize and maintain an assigned claims facility and plan. A self-insurer and insurer writing insurance as provided by this chapter in this state shall participate in the assigned claims plan. Costs incurred in the operation of the facility and the plan shall be allocated fairly among insurers and self-insurers. The secretary of state shall promulgate rules to implement the facility and plan in accordance with and subject to Act No. 306 of the Public Acts of 1969, as amended, being sections 24.201 to 24.315 of the Compiled Laws of 1948.

History: Add. 1972, Act 294, Eff. Mar. 30, 1973 ;-- Am. 1972, Act 345, Imd. Eff. Jan. 9, 1973
Popular Name: Act 218
Popular Name: Essential Insurance
Popular Name: No-Fault Insurance
Admin Rule: R 11.101 et seq. of the Michigan Administrative Code.